08/22/2023
As Life insurance awareness month approaches in September, I want to give you all some facts that stresses the importance of having a decent life insurance policy in force.
I’ve come across many individuals who have policies with very little payout. What most people don’t think about outside of grieving their loved ones is the financial cost that comes along with loosing them that you are now responsible for. The average end of life costs about $15,000-$18,000. This is of course assuming there was no medical treatment/intervention. Add on top of that the mortgage, auto loan(s), personal loans/debt. These are all normal expenses we all have, that will still need to be paid.
Going deeper into it, tragic accidents and emergencies that lead to death are even more costly.
Did you know that the average hospital stay per day is about $2900
Did you know that the average cost for an emergency helicopter ride is about $50,000?
The grieving process is so difficult. I couldn’t imagine having to deal with the loss of one of my family members, and having to cough up an immense amount of money while grieving.
There are so many options out there for everybody. Message me to talk about what options are for you!